REX TRUEFORM GROUP LIMITED - Summarised consolidated results for the year ended 30 June 2020

Summarised consolidated results for the year ended 30 June 2020

Rex Trueform Group Limited
JSE share codes: RTO - RTN - RTOP ISIN: ZAE000250387 – ZAE000250395 – ZAE000250403 
(Incorporated in the Republic of South Africa - Registration Number: 1937/009839/06) 
("the company" or "Rex Trueform") 

SHORT-FORM ANNOUNCEMENT: 
SUMMARISED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 30 JUNE 2020 

Rex Trueform Group Limited is an investment holding company and is currently invested in property, 
retail and water infrastructure. Its interest in retail is through its wholly-owned subsidiary company, 
Queenspark (Pty) Ltd, and its subsidiary. Rex Trueform’s interest in property includes direct property 
ownership as well as indirect property investment through a subsidiary. Rex Trueform’s investment in 
water infrastructure is through its subsidiary, Ombrecorp Trading (RF) (Pty) Ltd, and its investments. 

Financial highlights 
Revenue decreased by 11.9% to R624.2 million (2019: R708.4 million)  
Operating profit decreased by 398.8% to a loss of R74.6 million (2019: R25.0 million profit)  
Gross profit margin % decreased to 47.8% (2019: 52.6%)  
Earnings per share decreased by 273.2% to a loss of 357.4 cents (2019: 206.4 cents earnings per share)  
Headline earnings per share decreased by 217.9% to a loss of 86.2 cents (2019: 73.1 cents earnings per share)  
Net asset value per share decreased by 22.3% to R11.70 (2018: R15.06)  
Ordinary dividend per share paid amounted to nil cents (2019: nil cents)  

This short-form announcement and its contents are the responsibility of the company's directors and was 
approved by the board of directors on 29 October 2020. This short-form announcement is a summary of the 
information in the company's full results announcement for the year ended 30 June 2020 released on SENS 
on 29 October 2020 and does not contain complete details. The auditors have expressed an unmodified opinion
on the annual financial statements. The short-form announcement has not been audited or reviewed by the
company's external auditors. The full results announcement is accessible via the JSE link at 
https://senspdf.jse.co.za/documents/2020/jse/isse/RTO/2020FYRes.pdf and on the company's website at 
www.rextrueform.com. Copies of the full results announcement may be requested at the company's registered 
office at no charge, during normal office hours from Thursday, 29 October 2020 to Thursday, 5 November 2020 
or by sending an e-mail to legal@rextrueform.com. Any investment decisions in relation to the company's 
shares should be based on consideration of the full announcement available on the company's website. 

MA Golding  				CL Lloyd  
(Chairman)  				(Chief Executive Officer)  

Cape Town  
29 October 2020  

Directors: MA Golding† (Chairman), CL Lloyd (Chief Executive Officer), D Franklin (Financial Director), 
HB Roberts*, PM Naylor*, LK Sebatane*, MR Molosiwa* 
† Non-executive * Independent non-executive 
Registered office: 263 Victoria Road, Salt River, Cape Town, 7925 
Company secretary: AR Mushabe 
Transfer secretaries: Computershare Investor Services Proprietary Limited; Rosebank Towers, 15 Biermann Avenue, 
Rosebank, 2196 
Sponsor: Java Capital 
Websites: www.rextrueform.com - www.queenspark.com 



Date: 29-10-2020 05:30:00
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